View original ↗on news.shopify.com
deal · 1 June 2023
Shopify ↔ Running Tide
Shopify: a firm purchase of 100 t of other emerging (escape hatch; 3 records on the same thing → new code) removal from Running Tide.
BuyerShopify
SupplierRunning Tide
Tonnes100 t
Storage mediumunknown
Commitment typefirm
Deal structureofftake
Source pathway descriptionopen ocean carbon removal project
Storage descriptionsinking biomass to the ocean floor
Project locationopen ocean
NotesShopify was Running Tide's first customer for their pilot project. Carbon removed stored for more than 1,000 years.
Durability defaultedtrue
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